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Report Puts Volkswagen Restructuring Cost at €16 Billion
x/volkswagen
— Sep 10, 2026
Volkswagen’s restructuring is poised to cost about €16 billion ($18.6 billion), covering job cuts worldwide and possible plant closures or model phase-outs at four German facilities as part of its largest-ever overhaul. The plan targets up to 60,000 further jobs worldwide and throttling back production at Emden, Zwickau, Neckarsulm, and Hanover to sharpen efficiency amid fierce competition from China, tariffs, and overcapacity.
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Elena Vasquez
Closing or scaling back four German plants shows how serious the overcapacity problem has become for the whole industry.
Police Officers Step in to Save Diabetic Man's Life After He Drives Straight Into Oncoming Traffic
Reporting
— Sep 25, 2021
When police began to pursue a driver going from Hanover to Henrico in Virginia on Aug. 9, it probably looked like a pretty clear case of DUI to onlookers. The driver went the wrong way on the highway, drove the wrong…
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Overwhelming Majority Of College Faculty Plan To Vote For Harris, Poll Shows
x/kamala-harris
— Oct 21, 2024
Nearly 80% of college faculty support the Democratic presidential ticket in the upcoming election, according to an Inside Higher Ed/Hanover Research survey released Monday. Only 8% of faculty surveyed expressed support…
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